How to Buy Spirit Aerosystems Holdings Stock
Spirit Aerosystems Holdings Inc
Spirit Aerosystems Holdings is a defense company located in Kansas, United States, which is part of the Industrials sector, and is traded under the ticker SPR on the NYSE exchange.
Spirit Aerosystems Holdings stock last closed at $31.19, down 0.86% from the previous day, and has increased 83.04% in one year. It has overperformed other stocks in the Aerospace & Defense industry by 0.48 percentage points. Spirit Aerosystems Holdings stock is currently +90.65% from its 52-week low of $16.36, and -15.88% from its 52-week high of $37.08.
At the moment, there are 116.62M SPR shares outstanding. The market value of SPR is $3.64B. In the last 24 hours, 1.05M SPR shares were traded.
How to Buy Spirit Aerosystems Holdings Stock
Wondering how to invest in Spirit Aerosystems Holdings stock? Here's how.
- Decide where to buy Spirit Aerosystems Holdings stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you figure out where to buy Spirit Aerosystems Holdings stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Choose your method of payment and add your information.
- Evaluate Spirit Aerosystems Holdings stock: The Spirit Aerosystems Holdings ticker symbol is SPR. Is Spirit Aerosystems Holdings stock a good investment? Should you buy shares of SPR? How do SPR's underlying business fundamentals look? Do top analysts think Spirit Aerosystems Holdings is a good buy? Why has SPR's stock price moved recently? (Hint: Our stock research website can help you evaluate if SPR is a good stock to buy).
- Execute your SPR trade: Decide if you will purchase SPR shares at the current market price or use a limit order to purchase SPR stock at a particular price.
- Keep tabs on your SPR position: Create a watchlist to track your position in Spirit Aerosystems Holdings shares.
Step 1: Decide where to buy Spirit Aerosystems Holdings stock
You need an online brokerage account to access the NYSE market and buy SPR shares.
Our recommended brokerage: eToro
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Get $10 towards your purchase of shares by signing up for an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal info so you are able to buy SPR today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to create a new brokerage account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've opened your account on the best investment app, you can securely and quickly fund your account:
Check out the walkthrough below for more details transferring funds into your new investment account.
Step 4: Evaluate Spirit Aerosystems Holdings stock
After you have decided on the best place to buy Spirit Aerosystems Holdings stock, it's critical to research their stock prior to buying, so you actually wrap your head around the risk as well as the opportunity.
Spirit Aerosystems Holdings quick stats
Spirit Aerosystems Holdings Due Diligence Checks
WallStreetZen was built to help everyday investors perform better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on SPR's stock page.
Is SPR stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge SPR's intrinsic value.
You can access additional valuation analysis on SPR's stock here.
SPR Financial Health
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the SPR balance sheet.
Negative Health Checks:
- SPR profit margin has gone down from -15.9% to -18% in the past year.
- SPR has $206.00M in cash and short term investments. This is not enough to cover its annual cash burn of $1.13B.
- There are more long-term liabilities than short-term assets on the SPR balance sheet.
- SPR debt to equity ratio of -5.52 is negative.
- SPR has cash burn of 1134900000. It does not have enough cash and short-term investments to cover this.
- Total SPR debt is still negative.
Is SPR stock a Buy, Hold, or Sell, according to analysts?
Out of 10 Wall Street analysts who track SPR, the consensus analyst rating on Spirit Aerosystems Holdings is a Hold
Please note that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent SPR Analyst Ratings
Bert Subin, a top 17% analyst from Stifel Nicolaus maintains SPR with a hold rating and raises their SPR price target from $34.00 to $37.25, on Jul 8, 2024.
Jason Gursky, a top 10% analyst from Citigroup downgrades SPR to a hold rating and lowers their SPR price target from $39.00 to $37.25, on Jul 3, 2024.
David Strauss, a top 12% analyst from Barclays downgrades SPR to a hold rating and lowers their SPR price target from $40.00 to $37.00, on Jul 3, 2024.
Gavin Parsons, a top 38% analyst from UBS maintains SPR with a hold rating and raises their SPR price target from $33.00 to $34.00, on Jul 1, 2024.
Noah Poponak, a top 28% analyst from Goldman Sachs maintains SPR with a hold rating and raises their SPR price target from $26.00 to $31.00, on Apr 16, 2024.
You can dive deeper into what analysts are saying on the Spirit Aerosystems Holdings stock forecast page.
SPR Trading Indicators
SPR Revenue
Last year, SPR revenue was $6.45B. During the past five year, SPR's revenue has gone up by -3.32% per year. This was slower than the Aerospace & Defense industry average of 10.23%.
Dive into SPR's earnings and revenue performance here.
Who is buying/selling SPR?
Over the past year, executives and large shareholders at SPR have sold more shares than they have bought.
Patrick M. Shanahan, President and CEO of SPR, was the latest SPR insider to sell. They sold $2,181,225.94 worth of SPR stock on Sep 30, 2024.
Dig into more about who owns SPR stock here.
Does SPR provide a stable income stream?
No, Spirit Aerosystems Holdings doesn't provide an income stream by paying out dividends.
SPR Social Trading Data
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your SPR trade
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually the best for newer investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount, use a limit order.
Press the Open button and eToro will execute the order.
If you require more help with investing in stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your SPR position
Now that you own some SPR shares, you'll want to stay up-to-date on your company.
Put SPR on a watchlist to track the latest developments regarding your SPR stock.
SPR Feed
How to Buy Stock in Spirit Aerosystems Holdings
To summarize, here are the 6 steps to buy Spirit Aerosystems Holdings stock:
- Decide where to buy Spirit Aerosystems Holdings stock
- Create a brokerage account
- Deposit funds into your investment account
- Evaluate Spirit Aerosystems Holdings stock
- Execute your SPR trade
- Keep tabs on your SPR position
If you are looking for a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep an eye on your investment in Spirit Aerosystems Holdings, create a watchlist on WallStreetZen today.
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